By Jim Kukral
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June 22, 2007
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Domain Names
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I’d pay $300 million for Business.com if I had it.
But… Wired has a good point.
When I found out that Kevin Rose originally wanted Dig.com but settled for Digg.com instead, I remember thinking that sometimes a domain can be “too” perfect. I like “digg” much better than “dig.” I lost my domain puritanism for good when I watched BoingBoing.net hit number one on Technorati despite the unsexy dot net domain. Business.com will never be worth $400 million, but it would be entertaining to see it sell for such an insane price.
Did you know that Google creators originally were going to get something like Goggle (I think), and they typed Google by accident in the search box?
$300 million seems steep, but so did $7.5 million back in 99 when they bought it. What would/could it be worth in 5 more years?
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Business Around A Lifestyle
The world changed on 9/11 in so many different ways. Since that day, there has been a major shift happening in the way people think and live their lives. Sure, many people still chase the dollar as their ultimate goal. However, many more people have begun to realize that the world could, well, end tomorrow.
That's why people are choosing to pursue a business around a lifestyle, instead of a lifestyle controlled by their business. It makes sense, right? If the world was going to end tomorrow, would you still try to live your life in a way you never wanted to?
Take a look around you and you'll see that this shift to becoming a lifestyle entrepreneur is being adopted by more and more people every day. Some of those people are falling into it because they have been laid off from their jobs and are literally forced into it. Some of those people just figure out a way to make it happen because of the "end of the world" thinking mentioned above.
They have a solid business model, that’s for sure. At $15 million EBITDA that would be a solid sell.
Hi Jim, we wrote a post on it today titled: ” We will not buy business.com – It’s now official”.
You can find it here: http://www.businesshackers.com/2007/06/24/we-will-not-buy-businesscom-its-now-official/
take care
Dario